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| Price | ▼ 1.14% | ▲ 0.43% | ▲ 0.04% | ▼ 0.14% |
| Energy | ▼ 43.2 | ▼ 1.2 | ▲ 2.4 | ▲ 1.1 |
Trend of Bear Bias GBPUSD Daily
▸When GBPUSD is in Bear Bias:
- then GBPUSD moved to higher Market State: 211 times — 67.2%
- then GBPUSD moved to lower Market State: 103 times — 32.8%
▸Current GBPUSD market energy: -26.88%
- Distance to upper bound of Bear Bias (at -20.88%): 6%
- Distance to lower bound of Bear Bias (at -60%): 33.12%
"A person's history reveals more than you might think" — 2AITRADING
From the just-closed Daily candle data, Market GBPUSD in the Bear Bias state.
Per the 2AI model, Energy delta +3.5%: Market Energy at -26.9%, previously -30.4%.
Time in Bear Bias energy zone: 3 Daily Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Over the past 5 days, GBPUSD Market Energy ranged from -30.4 to +13.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did GBPUSD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 31-07-2023 closed, GBPUSD was at 1.2836, down 0.14% from the previous candle (1.2854). Market Energy was -26.9%, up 1.1 points from -28%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did GBPUSD price move on this Daily candle, and how large is that historically?
GBPUSD closed at 1.2836, down 0.14% from the previous Daily candle (1.2854). This drop is larger than 31% of past drops on the Daily timeframe for GBPUSD, across 1,430 candles since 2019.
How did GBPUSD Market Energy change from the previous candle?
Market Energy rose 1.1 percentage points from the previous candle — from -28% to -26.9%. This rise is larger than 4% of past rises on the Daily timeframe for GBPUSD.
Do GBPUSD price and energy agree?
No. On this candle price fell but energy rose — the two moved in opposite directions. This describes the candle that just closed; it does not say where price goes next.
What state was GBPUSD in on the previous Daily candle?
The previous Daily candle had GBPUSD at -28%, Bear Bias — this candle kept the same state, no zone change.
Where does GBPUSD energy sit within the Bear Bias zone?
At -26.9%, GBPUSD is 6 points from the upper boundary of Bear Bias (-20.88%) and 33.12 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bear Bias definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bull Bias with energy 46.9%; GER40 (European equities) in Bull Extreme with energy 78.1%. Against this backdrop, GBPUSD (Bear Bias, -26.9%) lower than SPX500, GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Neutral with Market Energy -0.8%. GBPUSD energy is currently below DXY by 26.1 points.
See the real-time energy chart for GBPUSD.
Open Energy ChartSee the full 2AiTrading Model data for GBPUSD on the GBPUSD overview →
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